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Here at VisionFund, we often speak of the importance of reaching rural markets.
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VisionFund is an organisation based on change. Changing the lives of our clients, their families and their communities is why we exist.
press release / janvier 26, 2016
VisionFund CEO Appointed as New Co-Chair of MCWG
The Microfinance CEO Working Group is pleased to announce their new Co-Chair, Scott Brown, President and CEO of VisionFund International.
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With access to a good phone and the internet, women all over the world have the opportunity to reduce poverty, argues VisionFund’s Global Director of Impact, Johanna Ryan.
article / mars 11, 2019
VisionFund Loan Helps Dreams Come True
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article / février 17, 2017
Surviving Drought and Flooding
Alice and her husband, Sydney, have two daughters, Bennadett and Clemensia. They are part of the Mposa community in Machinga, Malawi. Their region suffered from a widespread drought, which destroyed the primary crops farmers planted for their livelihoods.
Recovery Loans from VisionFund have helped many families in the Mposa area rebuild their livelihoods after their maize crop failed twice due to drought and then floods.
Alice’s was one of them. She applied for a loan from VisionFund and invested it in growing vegetables, and later took another loan to purchase fertilizer and fuel for the communal pump that irrigates her vegetable garden. She was able to sell her vegetables at the local market to provide for her family’s needs. “If it wasn’t for the loan and these vegetables, I am sure that by today we would have sold our goats or split up the family in order to search for employment in the city,” said Sydney, who revealed that some households have adopted costly coping strategies such as withdrawing children from school and reducing food consumption which have long-term impact.
VisionFund has impacted 150 families in the Mposa region, by granting them loans to rebuild their livelihoods after their maize crop failed. Women use the income earned from growing vegetables to cover their daily needs, including their children’s school fees and health care costs.